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BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Short-term Debt

The following is a summary of First Financial's short-term borrowings:

(Dollars in thousands)						March 31, 2024						December 31, 2023
FHLB short-term borrowings						$	700,000					$	800,000
Other short-term borrowings						162,145						137,814
Total short-term borrowings						$	862,145					$	937,814

Summary of Long-term Debt

The following is a summary of First Financial's long-term debt:

						March 31, 2024												December 31, 2023
(Dollars in thousands)						Amount						Average rate						Amount						Average rate
Subordinated notes						$	314,276					5.59		%				$	314,163					5.60		%
Unamortized debt issuance costs						(1,516)						N/A						(1,613)						N/A
Notes issued in conjunction with acquisition of property and equipment						28,112						4.37		%				29,179						4.40		%
Capital lease liability						1,589						3.84		%				1,611						3.84		%
Capital loan with municipality						775						0.00		%				775						0.00		%
Total long-term debt						$	343,236					5.50		%				$	344,115					5.51		%

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